Lafarge Africa Plc (WAPCO) has declared an interim dividend of N4 to shareholders for the 3 months period ended 31 March 2025.
The cement manufacturer reported revenue of N248.35 billion for the 3 months period, up by 80.26% from N137.77 billion reported in Q1 2024.
Profit after tax of N48.64 billion was achieved for the 3 months period, up by 837% from N5.19 billion reported the previous year.
Earnings per share of the Group stands at N3.02.
At the share price of N79.2, the P/E ratio of Lafarge Africa Plc stands at 26.23x with earnings yield of 3.81%.
The qualification date for the interim dividend of N4 is on Friday, 9th May 2025.
The Register of Shareholders will be closed from Monday, 12th May 2025 to Friday, 16th May 2025 (both dates inclusive).
On the 20th May 2025, dividends will be paid electronically to shareholders whose names appear in the Register of Members as at Friday, 9th May 2025, and who have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their Bank accounts.